Finance
Mr. BillionhairRupee Takes a Dive as Trump’s 500% Tariff Shakes Markets
Folks, listen up! The rupee was soaring at 89.74, but then—BAM! Trump drops a 500% tariff bomb, and the dollar demand skyrockets! The RBI tried to save it, but it crashed to 90.03. Not good, folks! The rupee just can't handle the heat of this drama! I told you so! It's a total rollercoaster!
few days ago | Anjali Kumari
Quick rundown
1.Rupee's rollercoaster ride due to RBI's dollar sales.
2.US tariffs and equity sell-off pressure the rupee.
3.Rupee closes at 90.03 per dollar despite RBI efforts.
4.Trump's tariff talk triggers market jitters.
5.RBI's limited intervention power amid global challenges.
